5 HRMS Features That Will Help Your Business Thrive

Today, HRMS software has become quite popular for its ease of maintaining employee database. In fact, there are specialized modules or chapters on HRMS in human resources courses these days.

However, choosing HRMS software requires due diligence at your end. You don't want to invest in software that doesn't meet your expectations and lose all your money! Here are five features your HRMS must have to ensure that your business keeps thriving:

1. SaaS/Cloud-based/Web-based Model

Your HRMS vendor may offer you two options - either to put the system server on your premise or online in the cloud. Always go with latter one. Also known as Software as a Service (SaaS) or web-based model, it enables employees to access the data from anywhere, anytime in real-time. In an on-premise model, you have to be in the same location as the server. Moreover, cloud-based HRMS is much cheaper and maintenance-free than the on-premise model.

2. Key Modules

HRMS can help you automate A to Z of HR processes - right from recruitment and onboarding to training and performance management to exits. For instance, HRMS can automate the generation of appointment letters to selected candidates, send welcome messages and employee manuals to new joinees, send reminders on upcoming training to employees, manage performance management certification online, and settle full & final claims of off-boarded employees. HRMS can save your employees time and efforts, thereby adding to their productivity and your organization's bottomline.

3. Integration

If you are using other business automation systems such as Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP), HRMS can easily integrate with other systems to provide you with a comprehensive view of the organization. It establishes clear channels of communication across all departments.

4. Scalability

If you have selected robust HRMS software, it will accommodate all your business needs as you scale. Let's say; you have hired 150 new employees to work on a project in addition to 500 already employed with you. The HRMS software can encompass the data of new employees and even have scope for adding more data in the future. It can also take care of compliance updates and enhancements. Since you don't have to switch to new systems every time there is a change in your HR policy, this particular feature is very useful.

HRMS takes off the administrative load from the organization so that it can focus on core tasks that make the business thrive. Those wanting to make a career in HRMS must do a human resource management course online or offline.

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